Tata Motors' share price is flat before the Demerger record date

The share price of Tata Motors traded a delayed on Tuesday, a day before the company’s Demerger in separate companies for passenger and commercial vehicles. Tata Motors shares opened flat on the £ 672.50 BSE and hit an intraday high of £ 674.40 each, and an Intraday Low Point of £ 666.90 per September. Last year, Tata Motors approved the Demerger of its commercial vehicles in a separate business. Last week, the National Company Law Tribunal (NCLT) approved the Tata Motors Demerger plan. Under the composite scheme of arrangement, the Commercial vehicles section of Tata Motors in TML commercial vehicles will be limited (TMLCV), while passenger vehicle operations will remain under Tata Motors, which will be renamed the Tata Motors -Passenger vehicles. Tata Motors Demerger Details Tata Motors Demerger of its passenger and commercial vehicle companies will come into effect from 1 October. The Demerger record date has yet to be announced. Tata Motors Demerger share ratio at 1: 1, which means that shareholders will get one fully paid-up share of £ 2 in Tata Motors Commercial Vehicles Limited (TMLCV) for every share held in Tata cars. The scheme also provides for the transfer of non-conceptible debentures worth £ 2,300 to the CV entity. It is suggested that Tata Motors’ CV business be listed in November. Tata Motors Demerger, the company said, will unlock value and give its commercial and PV businesses a sharper strategic focus, improved agility and clearer capital allocation. The management of Tata Motors on September 29 announced that Girish Wagh and Shailesh Chandra will lead as part of the Demerger process. The Jaguar Land Rover (JLR) manufacturer said that his board of directors approved the appointment of Girish Wagon to the Council of TML Commercial Vehicles Ltd as an additional director, managing director and CEO, in terms of 1 October 2025. Shailesh Chandra was appointed as an additional director, managing director and CEO. 1, 2025, for a period of three years. 2028. Chandra will continue to serve as the managing director of Tata Passenger Electric Mobility Limited, Tata Motors said in a regulatory filing. At 14:10, the share price of Tata Motors traded 0.11% higher at £ 673.25 on the BSE. Disclaimer: The views and recommendations above are those of individual analysts or brokerage companies, and not of currency. We advise investors to check with certified experts before making investment decisions.